Post
Topic
Board Economics
Re: FTX Drama and Global Empact
by
coupable
on 05/12/2022, 18:21:57 UTC
That's the risk we take when we enter the market, I hope everyone will learn their lesson this time, don't leave our money on the exchanges and only invest the money we can lose.
I still doubt that this will be the last lesson or that what happened to the ftx platform is the worst that can happen.  The ftx platform has a huge user base that trusts its centralized power, so its fall was resounding.  It is the same way users are currently using the Binance platform.  The most important lesson to be learned from what happened with the ftx platform is that no platform is too big to fail.  Every strength has weaknesses and every system has loopholes.